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Economy
Sacrifies to Find Work
2014-07-20
Five years after the recession's end, tens of thousands of Texans are still considered long-term unemployed.
Double-dip, anyone? July is Ice Cream Month!
Still considerably fewer as a percent of population than the rest of the Union...
Some Dallas-area residents who were unemployed for 27 weeks or more recently found work. In many cases, the workers found new jobs after making a sacrifice: living away from family, relocating to a new city or state, or training for a job in a new field.
Perhaps running out of unemployment benefits?
Very likely. People don't like to make those kinds of sacrifices unless it becomes necessary.
One couple decided the weekend commute was worth a full-time job and a retirement plan with a reputable company. "This move is palatable because I have friends and family in Houston and I'm only three to four hours away from Dallas."

Another wasn't prepared for being jobless for seven months before finding work last summer. The Dallas resident said the experience required "tremendous mental gymnastics."
Jeepers! Mental gymnastics?
After watching the economy since 2008, someone wasn't prepared? Goodness.
These are among the 1.2 million people nationwide who have left the ranks of the long-term unemployed in the last 12 months. In Texas, the number fell by 44,000 people from 2012 to 2013, the latest government data available.
More than the rest of the Union, as I recall. Except the fracking fields of North Dakota, I suspect.
While some people have dropped out of the workforce, economists and other labor market observers say others are getting hired as the economy improves and labor shortages crop up in certain industries.
Soon to be filed by Central American child laborers.
Long-term unemployment has been a major symptom of the slow U.S. economic recovery. While Texas has regained all of the jobs lost during the 2007-09 recession, long-term joblessness is still higher than before the recession.
Posted by:Bobby

#1  comments); ?>werwer
Posted by: Frank G   2014-07-20 12:41  

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